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The lowdown on payday loans
Watchdog with Paul MuschickPayday loans aren't illegal in Pennsylvania, but you don't see payday lending stores here because a state law caps interest rates at a number that doesn't make the loans profitable. Still, some state residents are getting the loans illegally online...... -
CONSUMERS: Obama administration to allow higher credit card upfront fees
WASHINGTON (AP)— The Obama administration’s consumer financial watchdog agency is backing off a plan to limit big upfront fees on credit cards, a move that could hit borrowers with poor credit histories especially hard. The Consumer...
Tags: Washington, DC, Economy, Business and Finance, Federal Reserve, U.S. Consumer Financial Protection Bureau, Credit and Debt
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Discriminatory lenders beware: Consumer watchdog is cracking down
Lenders who discriminate on the basis of certain demographics when dealing with auto loans, mortgages, credit cards, student loans and more are now in the cross hairs of the new Consumer Financial Protection Bureau. The watchdog declared war Wednesday...
Tags: Mortgages, Bank of America Corp., Economy, Business and Finance, Wells Fargo & Co., Finance
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News from around the world
New York Police Department built secret files on mosques, businesses outside city; Newark mayor opens investigation
NEWARK, N.J. (AP) — Americans living and working in New Jersey’s largest city were subjected to surveillance as part of the...Tags: Kabul (Afghanistan), France, Layoffs and Downsizing, Newt Gingrich, Islam
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Obama to defy Senate Republicans and appoint CFPB director
Republicans in the Senate have refused vote for any director of the new Consumer Financial Protection Bureau until the agency is weakened. Without a director, the CFPB's powers are more limited.
This morning, the White House announced it would appoint...Tags: George W. Bush, Politics, Parties and Movements, U.S. Senate, Consumers
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Obama fills NLRB, consumer protection spots with controversial recess appointments
WASHINGTON (AP) -- President Barack Obama recess-appointed three members to the National Labor Relations Board on Wednesday, bypassing fierce opposition from Republicans who claim the agency has leaned too far in favor of unions.
The appointments came...Tags: Work Relations, Work Relations, Career and Workplace, Democratic Party, Boeing Co.
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White House Chief of Staff, Bill Daley, Resigns
CNN/KTLAWASHINGTON, DC -- President Barack Obama announced Monday that White House Chief of Staff Bill Daley is stepping down and will be replaced by Office of Management and Budget Director Jack Lew. Two senior Obama aides told CNN that Daley will stay in his...Tags: Osama bin Laden, North American Free Trade Agreement, KTLA, Trade Agreements, John Boehner
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CFPB shedding light on hidden fees in international money transfers
Apparently, when people transfer money to relatives outside the U.S., they are dinged by hidden fees. The result is that those family members get less than expected. The Consumer Financial Protection Bureau today adopted a rule that generally will...Tags: U.S. Consumer Financial Protection Bureau, Money and Monetary Policy, Consumers
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Read President Obama's State of the Union Address
KTLA NewsMr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans: Last month, I went to Andrews Air Force Base and welcomed home some of our last troops to serve in Iraq. Together, we offered a final, proud salute to the...Tags: Osama bin Laden, Natural Gas, Computing and Information Technology Industry, Invention and Innovation, Environmental Pollution
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May 6, 2012
| Allentown Morning Call
Apr 13, 2012
|Story| Petoskey News
Apr 18, 2012
|Story| Los Angeles Times
Feb 22, 2012
|Story| Petoskey News
Jan 4, 2012
|Story| Baltimore Sun
Jan 5, 2012
|Story| Petoskey News
Jan 9, 2012
|Story| KTLA-LTV
Jan 20, 2012
|Story| Baltimore Sun
Jan 24, 2012
|Story| KTLA-LTV
Jan 4, 2012
|Story| Los Angeles Times
Jan 4, 2012
|Story| Los Angeles Times
Jan 7, 2012
|Story| Los Angeles Times
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